Three companies gain ten-year task orders to create new supply chains and
innovations to manufacture low-enriched uranium and high-assay low-enriched uranium for
nuclear power generation.
General Matter, a nuclear energy firm, has signed a lease with the U.S. Energy Dept. to build a $1.5-billion commercial uranium enrichment facility at a former federal production site in Paducah, Ky.
President invoked the Defense Production Act to strengthen the domestic supply chain, as senators and industry debated strategies and risks to cut reliance on Russia, China and other “unreliable foreign sources” for key metals needed in U.S. manufacturing, clean energy.
